As a trucking company, you take a lot of risks to ensure that cargo makes it from one place to another. Orders need to be delivered on time, without damage, but sometimes, accidents happen. You have to be able to afford potential claims when they do. Transport insurance or truck general liability is the protection all motor carriers should have.
Who Needs Liability Truck Insurance?
If you have your own fleet of commercial trucks, you need general liability to protect your business. Some independent truckers may also require general liability to protect themselves against lawsuits due to erroneous delivery, vehicle breakdown or loss and damage.
What Does Liability Truck Insurance Cover?
General liability truck insurance can cover a variety of claims. These claims include:
- Medical payments
- Bodily damage
- Personal injury
- Damage to products
- Damage to premises
For instance, if someone slips and falls on your premises and suffers a serious injury, you are liable for his or her injuries. If any property damage occurs before the cargo reaches its destination, you have to fit the bill. Other considerations include pollution coverage if you have fuel tanks.
To protect your trucking company, you have to be prepared for anything. Accidents can happen to anyone. It is better to have insurance to protect your business against claims.